Get Ready For Services Prices To Accelerate Higher

BP Plc. is still trading at a discount on a forward P/E basis. Higher oil prices will add to BP's profits. Get ready for the stock to trend higher in the months ahead......»»

A new  from the Health Care Cost Institute shows that metropolitan areas across the U.S. with higher health care prices tend to have lower usage of services. But the New York metro area bucks that... To view the full story, click the title link......»»

The wholesale cost of U.S. goods and services rose slightly in February, mostly because of higher gasoline prices, but inflation more broadly showed little threat to the economy. The producer price index edged up 0.1% last month......»»

(Reuters) - Oilfield services provider Halliburton Co reported a 34 percent jump in first-quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production......»»

(Reuters) - Oilfield services provider Schlumberger NV reported an 88 percent rise in quarterly profit on Friday as rising crude oil prices encouraged its North American clients to ramp up spending......»»

The reasons for this are manifold: Gold prices this year are higher than last year, and the goods and services tax (GST) is an additional burden for consumers.....»»

The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.4% in October, as prices for finished wholesale goods increased 0.3%, while margins of final services provider.....»»

WASHINGTON (Reuters) - U.S. retail sales increased moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter......»»

The era of cheap loans, low prices and a soaring stock market may be coming to an end......»»

Investors are weighing up a weekend tweet by U.S. President Donald Trump, who said the Saudis were ready to increase production by 2 million barrels a day — comments that were later walked back......»»

A 25 percent tariff on imported cars and parts, will lead to higher used car prices too......»»

Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway were set to strike later in the day......»»

Oilfield services provider Halliburton Co's quarterly revenue rose 24 percent to beat analysts' estimates on Monday as higher oil prices encouraged U.S. oil and gas producers to put more rigs to work......»»

Oilfield services provider Halliburton Co on Monday reported a 24 percent increase in quarterly revenue, narrowly beating analysts' estimates, as higher oil prices sparked a surge in U.S. crude production activity......»»

BP said second-quarter profit jumped, as higher oil prices helped the company accelerate ambitious growth plans......»»

Following yesterday's disappointment in manufacturing data, Markit's latest survey confirms the Services industry slowed in July as higher prices are hurting margins and busines.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Big carriers are raising fees on luggage, ticket changes and other services to cover rising fuel costs without pushing up base fares......»»

Streaming services like DirecTV Now and Sling TV have added millions of customers by promising big savings over traditional cable and satellite-TV subscriptions. But prices are going up......»»

Streaming services like DirecTV Now and Sling TV have added millions of customers by promising big savings over traditional cable and satellite-TV subscriptions. But prices are going up......»»